Figma CEO Dylan Field has delivered a clear message to his team before and until the day of his company for the first time in Wall Street: Focus on what you can control, not market whims.
He has The first bodcast interview Since it became public design programs, 33 -year -old billionaire Tell the Vox Media’s host Access podcastAl -Alex Heath and Ellis Hamberger hosted him that he reminded his team to stay on the ground amid their first public offer in July.
“I told the team before, even during – literally on the day of public subscription – (and after), as you know, it looks like the number rises. We do not control this number, and we control the inputs. We have to educate the market,” said Field. “The market does not come out of the Figma understanding, so it is our duty to ensure that they understand our business and this will take some time.”
The Field Prescient philosophy has proven given the performance of fluctuating stocks in Figma. The company priced the public subscription at $ 33 per share The shares witnessed a rise to $ 115.50 on the first day of trading– A 250 % jump, the company is estimated at about $ 68 billion. Since then, the arrow witnessed Great disorderand More than 50 % of its peak decreased After the company’s first profit report in September.
The first appearance of the general year appeared One of the most important technical subscriptions in the year, after a long dehydration in the technology lists that started in early 2022. The company, which makes cooperative design programs use by major customers, including Googleand MicrosoftAnd Netflixand Revenue from $ 749 million for 2024 was mentioned48 % growth on an annual basis.
Field focus on “input control” instead of the fluctuations in stock prices in particular, as Figma moves on the challenges of being a public company during investment extensively in the capabilities of artificial intelligence. In the company’s last profit call, Field Field asked investors to expect “major investments” in artificial intelligence efforts, even if this approach is not immediately resonated with all shareholders.
The long -term chief executive perspective appears rooted in the Figma Constituent Mission, which he described in the speech of the company’s general subscription to the company that it helps the difference to “get rid of the gap between imagination and reality.”
From the child’s representative to the technical billionaire
Like many leaders in the Silicon Valley, Field was an unconventional journey – like Mark Zuckerberg, Bill Gates and Larry Ellson, also left a prominent university to launch what might turn into a transformative company. He grew up in the state of Pennsylvania, California. Field also participated in the arts, as he appeared in ETOYS and Microsoft Windows XP television in the early 1990s.
Field Braun attended in 2009, studied computer science and Hackathons. It was led by the leadership leadership to pursue internal training in Microsoft, LinkedInFlipboard instead of focusing only on courses.
The pivotal moment came in 2012 when Field applies for Peter Thil FellowshipA $ 100,000 grant is granted to young entrepreneurs to leak from the college. Despite the initial reservations of his parents, the field was chosen from 500 applicants.
“Here was this 19-year-old, who had a lot of clarity about what he wanted to do-to control the world of design, and to provide tools for all,” Danny Rimmer, a general partner at Index Ventures who later invested in Figma, He said luck In 2022. “He had this ambition to leave the university to pursue this crazy idea, as it is clear that he would not be able to reach a product for more than two years.”
The decision to leave the University of Brown Brezing has proven. Work alongside Evan Wallace, the teaching assistant he met in Brown, has spent four years in the development of Figma before its general launch in 2016. The subsequent growth of the field company has made one of the smallest technical billionaires, with a net value of about $ 2.9 billion, according to Forbes.
You can watch Field interview entirely with Access below:
https://www.youtube.com/watch?
For this story, luck The artificial intelligence is used to help with a preliminary draft. Check an editor of the accuracy of the information before publishing.
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